Bergman & Beving Ab Class B · OMXSTO:BERG_B
Bergman & Beving Ab Class B — Q4 2025/2026 Earnings Presentation
19 slides from Bergman & Beving Ab Class B's earnings presentation, May 13, 2026
Slide 1: Financial Report 1 April 2025 – 31 March 2026
FINANCIAL REPORT 1 April 2025 – 31 March 2026 13 May 2026 Magnus Söderlind – CEO Peter Schön - CFO 1
Slide 2: Highlights Fourth Quarter 2025/2026
HIGHLIGHTS Fourth Quarter 2025/2026 Market uncertainty ❖ Geopolitical uncertainty and an unpredictable economic environment ❖ Underlying market characterised by caution, the recovery weakened Continued Earnings, Margin, Return and EPS Improvement ❖ Turnover totalled MSEK 1,269 (1 percentage organic
Slide 3: Highlights Fourth Quarter 2025/2026 – Structural initiatives
HIGHLIGHTS Fourth Quarter 2025/2026 Market uncertainty Continued Earnings, Margin, Return & EPS Improvement Structural initiatives to further strengthen B&B ❖ Divested Logistikpartner ❖ One acquisitions (A1S) during the period, annual sales MSEK 110 ❖ After the quarter ❖ Uveco acquired All-Coating A
Slide 4: Eight acquisitions 2025/2026 – above acquisition target of MSEK 50–80
EIGHT ACQUISTIONS 2025/2026– ABOVE ACQUISITION TARGET OF MSEK 50–80 Annual Revenue EBITA P/WC Division MSEK % % Safety Q1 Ontec Technology 45 >>>15 >>>45 Core Raintite Solutions 90 >15 >>45 Safety Mann & Co* Technology 30 ~15 45 Core H C Coils Solutions 130 >15 >>45 Q2 Safety Donut Safety Systems* T
Slide 5: 25 consecutive quarters with increased EBITA
25 CONSEQUTIVE QUARTERS WITH INCREASED EBITA EBITA per quarter % MSEK 14 139 135 140 EBITA EBITA % 130 133 12 125 120 121 116 119 120 ❖ EBITA increased 11 percent, MSEK 107 110 139 (125) 10 103 104 105 91 94 100 88 81 84 84 8 78 ❖ EBITA margin 11.0 percent (9.5) 73 80 66 68 64 6 57 60 4 37 40 2 20 0
Slide 6: Net sales
NET SALES POSITIVE UNDERLYING ORGANIC REVENUE GROWTH TWO CONSECUTIVE QUARTER Revenue per quarter MSEK Quarterly Revenue, % 1,400 Revenue Revenue Trend 1 -3 Organic 1,300 -3 Currency -1 Acquisitions/ Actual 1,200 Divestments 1,100 1,000 900 800 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 7: Gross margin continue to increase
GROSS MARGIN CONTINUE TO INCREASE DIVESTMENTS, ORGANIC IMPROVEMENTS AND MIX ENHANCE GROSS MARGIN Gross margin per quarter Revenue per type of products Rolling 12 months % 55 Other Products GM GM Trend Own Proprietary Products 50 20% 30% 28% 26% 45 40 80% 70% 72% 74% 35 30 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 8: Group target overview and status
GROUP TARGET OVERVIEW AND STATUS 50 45 40 36 31 30 26 P/WC 20 20 22 16 20 22 21 45% 10 0 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26 Target 600 500 500 399 418 400 339 372 298 EBIT 300 200 216 236 189 247 500 MSEK 100 0 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26 Target 12 10 10
Slide 9: EPS continues to improve
EPS CONTINUES TO IMPROVE SEK EPS Q R12 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.25 2.25 2.00 2.05 2.05 1.90 1.95 1.95 1.95 1.95 2.05 2.00 2.15 2.00 1.80 1.85 1.85 1.80 1.70 1.80 1.70 1.50 1.45 1.60 1.60 1.00 0.00 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 20/21 21/22 22/23 2
Slide 10: Inventory level – lower ITO due to divestments
INVENTORY LEVEL – LOWER ITO DUE TO DIVESTMENTS MSEK ITO 1,600 3.0 Inventory R12 ITO R12 1,500 1,400 ❖ Inventory amounted to MSEK 1,086 (1,157) 1,300 2.0 ❖ Organic inventory reduction MSEK 20 1,200 1,100 ❖ ITO reduced, mainly due to negative impact from divestments 1,000 1.0 900 800 700 0.0 Q4 Q1 Q2
Slide 11: Cash flow from operating activities – according to plan
CASH FLOW FROM OPERATING ACTIVITIES – ACCORDING TO PLAN Cash flow per quarter MSEK 250 Cashflow Cash flow Trend 207 207 200 187 179 176 182 145 ❖ Cash flow from operating activities 150 MSEK 74 (28) 125 110 112 94 94 ❖ Seasonally lower 100 87 57 79 74 59 50 50 28 0 -25 -50 -36 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q
Slide 12: Acquisitions increased net debt
ACQUISITIONS INCREASED NET DEBT MSEK ND/EBITDA 1,800 5.0 Operational Net Debt ND / EBITDA excl IFRS 16 4.5 ❖ Operational Net Debt MSEK 1,600 1,656 (1,278) 4.0 1,400 ❖ Net Debt/EBITDA 2.7 (2.3) 3.5 ❖ Increased due to MSEK 201 in 1,200 acquisitions during the quarter and MSEK 754 during the year 3.0 1
Slide 13: Core Solutions
CORE SOLUTIONS Construction sector remained stable, although varied across sub-segments. Early signs of recovery emerging. ❖ Revenue increased 2 percent to MSEK 418 (411) ❖ Major ESSVE customer start-up deliveries last year ❖ Public properties and infrastructure continue to have good demand ❖ EBITA
Slide 14: Safety Technology
SAFETY TECHNOLOGY Organic demand mixed - overall somewhat stronger ❖ Revenue increased 33 percent to MSEK 355 (266) ❖ Postive development in Cresto and Orbital ❖ EBITA increased by 128 percent to MSEK 57 (25) ❖ Strong organic development and acquisitions Focus driving organic growth in companies to
Slide 15: Machinery & Equipment
MACHINERY & EQUIPMENT Strong profit margin, and improving returns. ❖ Revenue increased 7 percent to MSEK 126 (118) ❖ Low demand welding and sheet metal processing equipment companies ❖ Polartherm still affected by US trade tariffs ❖ Adjusted EBITA increase 23 percent to MSEK 27 (22) ❖ EBITA margin i
Slide 16: PPE & Utilities
PPE & UTILITIES Underlying performance stronger than figures indicate, but not satifactionary ❖ Revenue totalled MSEK 367 (517)– no adjustment divestment impact ❖ Skydda and Luna Baltics SEK 130 million comparison period ❖ Luna & TengTools, selling through industrial distributors, continued lower de
Slide 17: Towards the target 500/Ten/45
TOWARDS THE TARGET 500/TEN/45 ALBEIT WITH SEVERAL QUARTERS OF DELAY UNDERLYING MARKET ❖ Geopolitical uncertainty and an unpredictable economic environment ❖ Indication emerging cost inflation - increasing material, production and freight costs WHAT WE ALWAYS DO ❖ Profit expansion over revenue growth
Slide 18: Contact Calendar
Contact Calendar Investor Relations 16 July 2026 Peter Schön Interim Report 1 April 2026 – 30 June 2026 +46 70 339 89 99 ir@bb.se 21 October 2026 Interim Report 1 April – 30 September 2026 18
Slide 19: Shaping great companies since 1906
SHAPING GREAT COMPANIES SINCE 1906
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